Market Update: $VELODROME VELODROME/USDT
Key Stats:
Current Price: $0.1415
24h Change: -12.87% 📉
High (24h): $0.1624
Low (24h): $0.1365
Volume (24h): 70.53M VELODROME
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Technical Overview:
VELODROME continues its downward trend, trading under the EMA (7, 25, 99), with no immediate signs of reversal.
Critical Support: $0.1365 – A potential zone for stabilization or bounce.
Resistance Levels: $0.1481 (EMA 25), $0.1645 (EMA 99) – These areas could cap any short-term recovery attempts.
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Strategy:
1. Short-term Traders: Watch for volume surges near support zones for scalping opportunities.
2. Long-term Holders: Exercise caution; await a confirmed trend reversal before adding positions.
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